I parted ways with them many years ago because of their low fees. Unless you're in an area where there are few signing agents, don't be surprised if you don't even get a response. If you are, and if they need you, then good for you! Stick to your guns!
When business volume slows to the point where it's taking a serious enough hit to a company's profit, most of them are going to look first to the easiest places to cut for quick, short term results, rather than what might seem to make sense for long term - i.e. promoting quality to maintain clients (by paying enough to hire experienced, professional NSAs), rather than trying to compete just on fees.
Unfortunately, 'stuff' tends to roll down hill. In downward cycles, fees start to play a more and more significant role with title co's competing for lender business, and lenders use fees to compete for borrowers. If it gets bad/slow enough, some companies (including title companies) will cut fees out of desperation. In fact, in the slowdown 10 years ago, there were numerous signing services AND title companies that ended up going out of business - including some very big players.
Hopefully, there will still always be some top players who will be able to keep to the high road. But it may be a bumpy ride, so tighten your seat belts, folks!
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Messages in this Thread |
| Disturbing Trend - Nick Lazazzera on 8/19/18 1:14pm |
| Re: Disturbing Trend - chucke/fl on 8/19/18 1:59pm |
| Re: Disturbing Trend - Yoli/CA on 8/19/18 2:25pm |
| Re: Disturbing Trend - Harry Battle on 8/20/18 11:22am |
| Re: Disturbing Trend - Jack/AL on 8/20/18 11:37am |
| Re: Disturbing Trend - Harry Battle on 8/21/18 8:03am |
| Hope you're not holding your breath! - JanetK_CA on 8/19/18 2:43pm |
| Re: Disturbing Trend - GQ/Orlando on 8/19/18 3:31pm |
| Re: Disturbing Trend - Greg Wilson on 8/19/18 3:42pm |
| Re: Disturbing Trend - GQ/Orlando on 8/19/18 4:07pm |
| Re: Disturbing Trend - Expeditor on 8/20/18 5:52pm |
| "explaining each document" - NVLSlady/VA on 8/20/18 9:36pm |
| This has been happening for several years. It's supply & - MW/VA on 8/19/18 4:08pm |
| Re: This has been happening for several years. It - GQ/Orlando on 8/19/18 4:14pm |
| Boo Hoo-ing on their part - Luckydog on 8/19/18 6:45pm |
| Re: Boo Hoo-ing on their part - SteveS/CA on 8/19/18 8:01pm |
| I kicked this company to the curb years ago - Cheryl Elliott on 8/19/18 11:41pm |
| Re: I kicked this company to the curb years ago - JanetK_CA on 8/20/18 1:12am |
| "Double" Totally agree, Cheryl and Janet. n/m - grapebed on 8/20/18 9:58am |
| Re: I kicked this company to the curb years ago - SteveS/CA on 8/20/18 2:21pm |
| BTW, no one is lowering title fees, escrow fees - Cheryl Elliott on 8/20/18 6:46am |
| Re: BTW, no one is lowering title fees, escrow fees - GQ/Orlando on 8/20/18 7:57am |
| Re: BTW, no one is lowering title fees, escrow fees - Cheryl Elliott on 8/20/18 7:59am |
| Re: BTW, no one is lowering title fees, escrow fees - GQ/Orlando on 8/20/18 8:01am |
| Re: BTW, no one is lowering title fees, escrow fees - Jack/AL on 8/20/18 11:30am |
| Most SS with "ASAP" in name are opposite of that n/m - Luckydog on 8/20/18 1:50pm |
| Notary ASAP - no thanks - cremevette on 8/21/18 9:01am |
| Re: Notary ASAP - no thanks - Cheryl Elliott on 8/21/18 12:59pm |
| Re: Notary ASAP - no thanks - SteveS/CA on 8/21/18 2:30pm |